For Sale

5 May Street, Preston, Vic 3072

EOI $1,000,000 - $1,100,000

Residential Land

Type

519 m²

Area

Published on Friday, August 07, 2026 ( See property details for 5 May Street, Preston, Vic 3072)

EOI $1,000,000 - $1,100,000

View the agent price guide.

Thomas Hodges - Real Estate Agent - Nelson Alexander - Preston

Thomas Hodges Sales Personal Assistant

Call Message Chat

Luke Sacco - Real Estate Agent - Nelson Alexander - Preston

Luke Sacco Partner

Call Message Chat

Track this property Request an inspection

Report Title Search CMA Report Suburb Profile

AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A prime 519 sqm residential land parcel in Preston offering excellent development potential and a highly sought-after lifestyle location.

🏡 Property Highlights

Exceptional 519 sqm residential land in a desirable Preston pocket
Outstanding development potential (STCA)
Prime location close to trams, Preston Market, and cafes
Ideal for building a dream home or investment
Easy access to train station and local amenities
Positioned in a sought-after neighbourhood

✨ Key Features

Waterfront / Views
Open-Plan Living
Built in robes
Outdoor Area
Pet-Friendly
Walkability Score
Fully fenced
Security Screens / Gates
NBN / High-Speed Ready
Low-Maintenance Yard

Suburb and Property Insights of Preston, VIC 3072

Preston is a vibrant suburb renowned for its diverse community, excellent transport links, and lively local amenities. It offers a perfect blend of urban convenience and community charm, with easy access to markets, cafes, and public transport. The area is ideal for families, professionals, and investors seeking a dynamic lifestyle. Its well-established infrastructure and ongoing development make it a highly desirable place to live and invest. Preston’s friendly atmosphere and proximity to Melbourne’s CBD further enhance its appeal.

Frequently Asked Questions

What are the development restrictions for this land?

Development restrictions are subject to Council approval and local zoning regulations. It is recommended to consult with the Preston City Council for specific guidelines and potential development options.

Is the land suitable for building a family home?

Yes, the land's size and location make it ideal for building a family home, with easy access to local amenities and transport.

What utilities are available on the site?

The land is NBN / High-Speed Ready and has access to essential utilities such as water, electricity, and sewerage services.

Are there any existing structures or easements on the property?

The property is currently vacant land; any easements or existing structures should be confirmed through a detailed title search.

What is the zoning classification for this land?

The land is zoned for residential use, with potential for development subject to Council approval. Specific zoning details can be obtained from the local planning authority.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could affect my intended development? What are the potential costs for council approvals and development applications? Is there any history of flooding or bushfire risk in this area? Are there any easements, covenants, or restrictions on the land? What are the nearby construction or development plans that could impact the area? Are there any known issues with the land, such as soil stability or contamination? What are the ongoing rates, taxes, and levies applicable to this land? Is the land title clear of any encumbrances or disputes? Are there any upcoming infrastructure projects that could influence property value? What are the neighbourhood noise levels and community amenities?

5 May Street, Preston, Vic 3072 - More Details

EOI $1,000,000 - $1,100,000

Big ideas start here

Positioned in one of the area's most desirable residential pockets, this exceptional allotment of approximately 519 square metres presents an outstanding opportunity to bring a dream home to life or explore the site's development potential, subject to Council approval.

Enjoy the lifestyle that makes this location so consistently sought after, with trams just a short stroll away, Preston Market, the local cafe precinct and the train station all within easy reach.

Type: Residential Land
Area: 519 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 5 May Street, Preston, Vic 3072

Login to experience 5 May Street, Preston, Vic 3072 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

Photorealistic 3D aerial & street-level flyover
Nearby schools, parks, shopping, transport, health & dining
Walking & driving routes with live travel time from the front door
Orbit-home, street & suburb camera presets
Satellite & hybrid map views, full-screen mode
Free for every Real Search member — no cost to explore

Email Enquiry To Nelson Alexander - Preston

<div><input id="g-recaptcha-response_captcha_1618718816" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_1618718816 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_1618718816"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Thomas Hodges

Call

Luke Sacco

Call

5 May Street, Preston, Vic 3072

Price Information

Schedule an Inspection

Rates & Fees

Similar Properties

Full Name

phone

Which describes you best?

Message

Personal Information Collection Statement

This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Preston

Real Search makes searching for your new home easy with properties for sale in Preston and properties for rent in Preston. Are you looking for specific type of property? Real Search has units for sale in Preston and houses for sale in Preston. Real Search also provides 1 bedroom residential land for sale in Preston, 2 bedroom residential land for sale in Preston & 3 bedroom residential land for sale in Preston. Find best real estate agents in Preston. You can also check real estate agencies in Preston. Research the property market of Preston with a property report and suburb profile report on Real Search.

<div><input id="g-recaptcha-response_captcha_1930075116" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_1930075116 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_1930075116"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Help Us Maintain Accuracy: Report Data Errors

At Real Search, we strive for the highest level of accuracy in all our property listings and real estate information. Despite our best efforts, errors can occur. If you spot any inaccuracies or inconsistencies in property details, descriptions, or any other data, we encourage you to report them to us immediately. Your input helps us maintain the quality and reliability of our platform, benefiting all users—buyers, sellers, and agents alike.

To report an error, please click the "Report Error" button on the respective listing or reach out to us directly via our contact page. We appreciate your vigilance and collaboration in ensuring the integrity of our data.

Name

Phone

Message

Disclaimer

Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.